The Russia-Ukraine war remapped the world's energy supplies, putting the U.S. at the top for years to come
2023-03-04 10:25:22 source：CNBC
March 3, 2023
Russia's invasion of the Ukraine a year ago has shifted global energy supply chains and put the U.S. clearly at the top of the world's energy-exporting nations.
As Europe struggled with threats to its supply of natural gas imports from Russia, U.S. exporters and others scrambled to divert cargoes of liquified natural gas from Asia to Europe. Russian oil has been sanctioned, and the European Union no longer accepts Moscow's seaborne cargoes. That has resulted in a surge in U.S. crude and refined product shipments to Europe.
"The U.S. used to supply a military arsenal. Now it supplies an energy arsenal," said John Kilduff, partner at Again Capital.
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